Ritchie Bros. Auctioneers Incorporated, an asset management and disposition company, sells industrial equipment and other durable assets through its unreserved live on site auctions, online marketplaces, listing services, and private brokerage services. The company sells a range of used and unused equipment, including earthmoving equipment, truck trailers, government surplus, oil and gas equipment, and other industrial assets, as well as construction and heavy machinery.
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Industry, Sector and Symbol
Industry Business services, not elsewhere classified
Sub-IndustryN/A
SectorBusiness Services
Phone778-331-5500
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.17 billion
Profitability
Miscellaneous
Employees2,200
Next Earnings Date11/14/2019 (Estimated)
OptionableOptionable
Ritchie Bros. Auctioneers (NYSE:RBA) Frequently Asked Questions
What is Ritchie Bros. Auctioneers' stock symbol?
Ritchie Bros. Auctioneers trades on the New York Stock Exchange (NYSE) under the ticker symbol "RBA."
How often does Ritchie Bros. Auctioneers pay dividends? What is the dividend yield for Ritchie Bros. Auctioneers?
Ritchie Bros. Auctioneers declared a quarterly dividend on Wednesday, August 7th. Shareholders of record on Wednesday, August 28th will be given a dividend of $0.20 per share on Wednesday, September 18th. This represents a $0.80 dividend on an annualized basis and a yield of 2.03%. The ex-dividend date is Tuesday, August 27th. This is a positive change from Ritchie Bros. Auctioneers's previous quarterly dividend of $0.18. View Ritchie Bros. Auctioneers' Dividend History.
How were Ritchie Bros. Auctioneers' earnings last quarter?
Ritchie Bros. Auctioneers Inc (NYSE:RBA) released its quarterly earnings results on Thursday, August, 8th. The business services provider reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.06. The business services provider had revenue of $393.20 million for the quarter, compared to the consensus estimate of $352.51 million. Ritchie Bros. Auctioneers had a return on equity of 15.27% and a net margin of 10.08%. Ritchie Bros. Auctioneers's quarterly revenue was up 27.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.42 earnings per share. View Ritchie Bros. Auctioneers' Earnings History.
When is Ritchie Bros. Auctioneers' next earnings date?
What price target have analysts set for RBA?
9 Wall Street analysts have issued twelve-month price targets for Ritchie Bros. Auctioneers' shares. Their forecasts range from $29.00 to $40.00. On average, they expect Ritchie Bros. Auctioneers' share price to reach $35.29 in the next year. This suggests that the stock has a possible downside of 10.4%. View Analyst Price Targets for Ritchie Bros. Auctioneers.
What is the consensus analysts' recommendation for Ritchie Bros. Auctioneers?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ritchie Bros. Auctioneers in the last year. There are currently 2 sell ratings, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ritchie Bros. Auctioneers.
Has Ritchie Bros. Auctioneers been receiving favorable news coverage?
News headlines about RBA stock have been trending somewhat positive on Wednesday, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ritchie Bros. Auctioneers earned a news impact score of 1.8 on InfoTrie's scale. They also assigned media stories about the business services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories for Ritchie Bros. Auctioneers.
Are investors shorting Ritchie Bros. Auctioneers?
Ritchie Bros. Auctioneers saw a drop in short interest in the month of September. As of September 30th, there was short interest totalling 325,500 shares, a drop of 17.3% from the August 30th total of 393,600 shares. Based on an average trading volume of 379,800 shares, the short-interest ratio is currently 0.9 days. Approximately 0.3% of the shares of the stock are short sold. View Ritchie Bros. Auctioneers' Current Options Chain.
Who are some of Ritchie Bros. Auctioneers' key competitors?
Some companies that are related to Ritchie Bros. Auctioneers include Ctrip.Com International (CTRP), Akamai Technologies (AKAM), Broadridge Financial Solutions (BR), LYFT (LYFT), The Western Union (WU), WEX (WEX), Fair Isaac (FICO), Nielsen (NLSN), Etsy (ETSY), Zillow Group (Z), Zillow Group (ZG), Alliance Data Systems (ADS), CDK Global (CDK), GrubHub (GRUB) and CIELO S A/S (CIOXY).
What other stocks do shareholders of Ritchie Bros. Auctioneers own?
Who are Ritchie Bros. Auctioneers' key executives?
Ritchie Bros. Auctioneers' management team includes the folowing people:
- Mr. Ravichandra K. Saligram, CEO & Non-Independent Director (Age 62)
- Ms. Sharon R. Driscoll, Chief Financial Officer (Age 57)
- Mr. Todd Wohler, Chief HR Officer (Age 60)
- Mr. James J. Jeter, Pres of Sales - U.S. (Age 60)
- Mr. Karl W. Werner, Pres of International (Age 54)
Who are Ritchie Bros. Auctioneers' major shareholders?
Ritchie Bros. Auctioneers' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Riverbridge Partners LLC (3.44%), CIBC Private Wealth Group LLC (0.32%), OmniStar Financial Group Inc. (0.01%), Diversified Trust Co (0.01%) and Armstrong Henry H Associates Inc. (0.01%). Company insiders that own Ritchie Bros. Auctioneers stock include Darren Jeffrey Watt, Edward Baltazar Pitoniak, Karl William Werner, Kieran Colquhoun Holm and Todd Donald Wohler. View Institutional Ownership Trends for Ritchie Bros. Auctioneers.
Which institutional investors are selling Ritchie Bros. Auctioneers stock?
RBA stock was sold by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC, Diversified Trust Co and Armstrong Henry H Associates Inc.. Company insiders that have sold Ritchie Bros. Auctioneers company stock in the last year include Darren Jeffrey Watt and Todd Donald Wohler. View Insider Buying and Selling for Ritchie Bros. Auctioneers.
Which institutional investors are buying Ritchie Bros. Auctioneers stock?
How do I buy shares of Ritchie Bros. Auctioneers?
Shares of RBA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Ritchie Bros. Auctioneers' stock price today?
One share of RBA stock can currently be purchased for approximately $39.39.
How big of a company is Ritchie Bros. Auctioneers?
Ritchie Bros. Auctioneers has a market capitalization of $4.26 billion and generates $1.17 billion in revenue each year. The business services provider earns $121.48 million in net income (profit) each year or $1.08 on an earnings per share basis. Ritchie Bros. Auctioneers employs 2,200 workers across the globe.View Additional Information About Ritchie Bros. Auctioneers.
What is Ritchie Bros. Auctioneers' official website?
How can I contact Ritchie Bros. Auctioneers?
Ritchie Bros. Auctioneers' mailing address is 9500 GLENLYON PARKWAY, BURNABY A1, V5J 0C6. The business services provider can be reached via phone at 778-331-5500 or via email at [email protected]
MarketBeat Community Rating for Ritchie Bros. Auctioneers (NYSE RBA)
MarketBeat's community ratings are surveys of what our community members think about Ritchie Bros. Auctioneers and other stocks. Vote "Outperform" if you believe RBA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RBA will underperform the S&P 500 over the long term. You may vote once every thirty days.
